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Day Two: Big Three Now Asking Congress For $34 Billion

"Rep. Barney Frank warned that doing nothing would be a disaster in the middle of what he called the worst economic crisis in 70 years."
 
 
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The Big Three are back on Capitol Hill today. This time their talking to Congress about getting a multi-billion dollar bailout package.

More info from AP:

The chairman of the House Financial Services Committee says the new bleak unemployment figures makes helping the nation's beleaguered auto industry even more urgent.

Rep. Barney Frank, a Massachusetts Democrat, warned that doing nothing would be a disaster in the middle of what he called the worst economic crisis in 70 years.

Watch live video from today's hearing:

Katharine Zaleski has been the News Editor of the Huffington Post since May 2005.

 
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